We buy expecting to hold a bond to maturity and a stock forever.

The single greatest edge an investor can have is a long-term orientation.

Value investing is at its core the marriage of a contrarian streak and a calculator.

Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.

The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.

In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a speculative undertaking.

Investment success cannot be captured in a mathematical equation or a computer program.

Patience and discipline can make you look foolishly out of touch until they make you look prudent and even prescient

The near absence of bargains works as a reverse indicator for us. When we find there is little worth buying, there is probably much worth selling.

As Buffett has often observed, value investing is not a concept that can be learned and gradually applied over time. It is either absorbed and adopted at once, or it is never truly learned.

The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent.

Turning imagination into matter is the most beautiful an fulfilling challenge of all. I was about to find out this is also my purpose and meaning.

It takes courage and maturity to realise your own story.

...Moonlight possesses no alchemy to transmute good motives to base, but it does excite love magic...

All other swindlers upon earth are nothing compared to self-swindlers.

Other psychological theories say a good deal about compensation.

Pronouns really don't matter in a song - 'I' or 'he' or 'she' or even subscribing a lyric to an inanimate object.

When we demand liberty of a person as a constitutional right, we are taking away from the officials their liberty to chop off people's heads.

Everybody is worth everything.

When it looks like I may live longer than five minutes I'll drop cigarettes like a hot potato.

One cubic foot less of space and it would have constituted adultery.